Manlius, New York Property Taxes
The median property tax rate in Manlius, NY is 3.69%, considerably higher than both the national median of 0.99% and the New York state median of 2.39%. With the median home value in Manlius, the typical annual property tax bill reaches $10,054, exceeding the national median of $2,690. Property taxes in Manlius are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Manlius's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Manlius or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Manlius, New York Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
3.69%
Estimate Property Tax Bill
$9,850
$9,141
Ownwell’s Manlius Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Manlius with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Manlius to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by Onondaga County for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Manlius, New York
Property taxes in Manlius, New York, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Manlius is 3.69%, significantly higher than both the New York state median and the U.S. national median of 0.99%. Local government entities within Manlius set these rates annually, and they can vary significantly across different neighborhoods. Each year, Manlius estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Manlius's effective property tax rate to other counties in New York and the national median. For comparison, the 13104 zip code has the highest median property tax rate of 3.69%, while the lowest median tax rate is also 3.69%. Understanding how these cities compare with Manlius provides valuable insights into the varying tax landscape across Onondaga County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Manlius Tax Rate
3.69%
Average Onondaga County Tax Rate
3.38%
Average New York Tax Rate
2.39%
Average United States Tax Rate
0.99%
Property Tax Rates Across Manlius, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13104 | 3.29% | 3.46% | 3.69% | 3.95% | 4.10% |
Source: Ownwell
Property Tax Assessment Values Across Manlius, New York
In Manlius, New York, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Onondaga County Assessment Office for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Manlius, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Manlius helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 13104, with a bill of $10,054.
Average Manlius Assessed Value
$266,950
Average Onondaga County Assessed Value
$152,577
Average New York Assessed Value
$255,644
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Manlius, New York
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13104 | $141,650 | $199,250 | $266,950 | $360,900 | $480,485 |
Source: Ownwell
Property Tax Bills Across Manlius, New York
In Manlius, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. Factors such as the property's location within Onondaga County, the median home price of $266,950, and any applicable exemptions or deductions play significant roles in this calculation. Homeowners in Manlius experience tax bills that vary widely, with the 25th percentile at $7,341 and the 75th percentile reaching up to $12,962. Those in the 90th percentile can see bills as high as $16,799. This range reflects the diversity in property values and the impact of local tax rates. For comparison, the national median property tax rate is 0.99%, highlighting the higher rates in this area. High property taxes can significantly affect homeowners by increasing their annual housing costs, making it crucial for them to understand how their tax bill is determined and what factors may influence it.
Average Manlius Tax Bill
$10,054
Average Onondaga County Tax Bill
$5,213
Average New York Tax Bill
$5,938
Average United States Tax Bill
$2,690
Property Tax Bills Across Manlius, New York
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 13104 | $5,349 | $7,341 | $10,054 | $12,962 | $16,799 |
Source: Ownwell
Don't miss the deadline to file a grievance!
Dates |
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Links | |
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| Onondaga Assessment Review Commission | |
| Website | onondaga.go2gov.net |